Investor interaction program conducted under CDS and Clearing Ltd. at Damak

The CDS and Clearing Ltd (CDSC)has successfully conducted investors’ interaction program at Damak of Jhapa on Mangsir 28 with special cooperation from United Finance Limited and Sumeru Securities Private Limited. Chairman of FNCCI Damak Mr. Rajendra Dhakla attended the ceremony as the Chief Guest and the CEO Mr. Dev Prakash Gupta and CEO of United Finance Mr. Sunanda B. Shrestha attended the event as special guests. In the press statement, CDS Clearing states that it has been working to make the only secondary market accessible to investors and potential investors from small towns and villages of Nepal. This event was another effort from CDS towards the same endeavor. The main aim of the event was to put into public discussion about the facilities being provided by cds, benefits of dematerialized transactions in stock market, new softwares developed by CDS for public utilization, and so on. CEO of CDS Mr. Gupta informed that CDS has actively provided depository membership to different banks, financial institutions and broker firms in order to ease the process of operating d-mat accounts and dematerializing the existing stocks. He further remarked that the investors will soon have more ease and comfort during the transaction of their shares after Nepal Stock Exchange implements the fully-automated trading system.